Smart US Small Cap ETF — Net Asset Value 2022

Apr 21, 2022

Level 15, 45 Queen Street, PO Box 105262, Auckland, New Zealand smartshares@smartshares.co.nz

Thursday, 21 April 2022

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NTA & Allotment Notice

Smartshares Ltd would like to report the Net Tangible Assets (NTA) and Units on Issue for each of the Smartshares exchange traded funds as at 20 April 2022.

NZX Code	Fund Name	NTA	Units on Issue	Change in Units
APA	Smartshares Asia Pacific ETF	2.11914	58,370,726	50,000
ASD	Smartshares Australian Dividend ETF	1.80742	18,679,541	(125,000)
ASF	Smartshares Australian Financials ETF	8.48204	3,290,468	-
ASP	Smartshares Australian Property ETF	1.65683	34,797,531	-
ASR	Smartshares Australian Resources ETF	7.00947	9,232,633	75,000
DIV	Smartshares NZ Dividend ETF	1.31768	69,532,211	-
EMF	Smartshares Emerging Markets ETF	1.33983	118,509,155	50,000
EUF	Smartshares Europe ETF	1.83992	100,671,036	50,000
FNZ	Smartshares NZ Top 50 ETF	3.25246	209,940,182	(100,000)
GBF	Smartshares Global Bond ETF	3.13379	66,894,618	-
MDZ	Smartshares NZ Mid Cap ETF	6.05407	30,840,674	-
MZY	Smartshares Australian Mid Cap ETF	9.86892	17,357,274	-
NPF	Smartshares NZ Property ETF	1.39882	106,011,748	(125,000)
NZB	Smartshares NZ Bond ETF	2.90232	97,891,618	(350,000)
NZC	Smartshares NZ Cash ETF	2.96006	133,433,712	(100,000)
OZY	Smartshares Australian Top 20 ETF	4.72225	37,581,267	-
TNZ	Smartshares NZ Top 10 ETF	1.94872	75,381,573	-
TWF	Smartshares Total World ETF	2.94843	88,097,555	75,000
USF	Smartshares US 500 ETF	12.04587	38,371,994	45,000
USG	Smartshares US Large Growth ETF	7.86379	25,858,866	-
USM	Smartshares US Mid Cap ETF	6.92511	13,517,745	-
USS	Smartshares US Small Cap ETF	6.15499	13,203,711	-
USV	Smartshares US Large Value ETF	4.43827	19,063,176	-
AGG	Smartshares Global Aggregate Bond ETF	1.20486	142,764,630	50,000
BOT	Smartshares Automation and Robotics ETF	3.87288	12,865,891	-
EMG	Smartshares Emerging Markets Equities ESG ETF	2.17878	17,002,676	-
ESG	Smartshares Global Equities ESG ETF	2.63906	53,160,216	-
EUG	Smartshares Europe Equities ESG ETF	2.60481	13,812,921	-
JPN	Smartshares Japan Equities ESG ETF	1.90754	12,009,840	-
LIV	Smartshares Healthcare Innovation ETF	2.85538	10,214,680	-
USA	Smartshares US Equities ESG ETF	3.04916	16,086,766	-
NZG	Smartshares S&P/NZX 50 ETF	2.54762	158,399,842	200,000
AUS	Smartshares S&P/ASX 200 ETF	3.31044	30,512,708	-
TWH	Smartshares Total World (NZD Hedged) ETF	3.20600	23,829,829	-
NGB	Smartshares S&P/NZX NZ Government Bond ETF	2.21967	100,301,427	(200,000)

About Smartshares

Smartshares is the pioneer of ETFs in New Zealand, launching the first ETF (TNZ - the NZ Top 10 Fund) in 1996. Smartshares is New Zealand’s only issuer of ETFs listed on the NZX Main Board, with in excess of 21,000 unit holders and more than NZD $5.3 billion of funds under management. The Special Division of the New Zealand Markets Disciplinary Tribunal regulates Smartshares in a similar way to NZX Regulation’s regulation of other listed issuers. Smartshares funds are listed on NZX so you can buy or sell them just like individual shares. The listed funds are designed to “track” (or, in some cases, outperform) an index. Each Smartshares ETF is designed to provide investors with similar returns to a direct investment in all the securities that make up the ETF. To learn more and obtain a copy of the Product Disclosure Statement, please visit: www.smartshares.co.nz

For further information please contact: Smartshares Limited 0800 80 87 80 smartshares@smartshares.co.nz